PPP Loan Data — Sonwil Distribution Center, Inc., Buffalo, NY
Sonwil Distribution Center, Inc. is a subchapter s corporation located at 100 Sonwil Drive in Buffalo, New York that received a Coronavirus-related PPP loan from the SBA of $4,157,905.00 in April, 2020.
$ PPP Loan Information
Lender:MANUFACTURERS AND TRADERS TRUST COMPANY
Sonwil Distribution Center, Inc. received a Paycheck Protection Loan of $4.16M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sonwil Distribution Center, Inc.'s total 2019 payroll expenses were approximately $19.96M in order to qualify for the PPP loan amount received.
Based on their reported 448 jobs retained, this equals an estimated average yearly compensation of $44,549 per employee1.
Business Information - Sonwil Distribution Center, Inc. in Buffalo, NY
100 Sonwil Drive
Buffalo, NY 14225
General Warehousing and Storage (NAICS code 493110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-26
Similar Companies near Buffalo
In the Buffalo area, 2 businesses in the "General Warehousing and Storage" industry received a PPP loan. These local businesses reported an average of 224 employees (compared to this company's 448) and received an average PPP loan of $2,133,903 (compared to this company's $4.16M).
Similar Nearby Businesses Who Received PPP Funding:
3605 California Road Associates, Inc.
Industry PPP Comparison Statistics
Nationwide, 3,025 businesses in the "General Warehousing and Storage" industry received a total of $593,729,644.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 19 employees, 96% lower than Sonwil Distribution Center, Inc.'s reported 448 employees, and received an average PPP loan of $196,274, 95% lower than this company's loan of $4.16M.
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Footnotes & Information
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